Chana up 0.5% on good demand

Chana futures for April rose by Rs 17, or 0.49% to Rs 3,474 per quintal in 71,880 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the May contract increased by Rs 16, or 0.45%, to Rs 3,520 per quintal in 22,800 lots.

Prices went up as traders enlarged holdings on rising spot demand at existing low levels against restricted supply.

However, higher imports and arrivals due to the new season capped the gains to some extent.

Fall in supply from Rajasthan and Madhya Pradesh supported the uptrend in futures trade.